Brazil's Norsul Navegacao is moving into the kamsarmax segment.
European brokers said the Norwegian-controlled bulker owner is buying a eight-year-old SPP Shipbuilding-constructed vessel from UK-based Anglo Swiss Maritime.
Norsul is understood to be paying $15.8m for the 81,000-dwt Andante (built 2012).
Anglo Swiss also owns the sistership Adelante (built 2012), which sources said could be a sales candidate. This UK company had ordered the duo in 2010 reportedly for more than $35m each.
Norsul declined to comment on reports of the Andante sale.
Norsul made its last deal in the sale and purchase market in April 2017, when it bought the 76,000-dwt bulker Ningbo Whale (built 2012). The company paid $16m, before renaming it White Whale.
Norsul is listed with four panamaxes on the water.
The company was founded by the 89-year old-Norwegian expatriate Erling Lorentzen, who was married to Princess Ragnhild, the sister of Norway’s King Harald. Erling’s son Haakon is now overseeing the family’s interests in Norsul.
